§2015 — Credit for death taxes on remainders
4 cases·1 distinguished·3 cited
Statute Text — 26 U.S.C. §2015
Where an election is made under section 6163(a) to postpone payment of the tax imposed by section 2001, or 2101, such part of any estate, inheritance, legacy, or succession taxes allowable as a credit under section 2014, as is attributable to a reversionary or remainder interest may be allowed as a credit against the tax attributable to such interest, subject to the limitations on the amount of the credit contained in such sections, if such part is paid, and credit therefor claimed, at any time before the expiration of the time for payment of the tax imposed by section 2001 or 2101 as postponed and extended under section 6163.
Treasury Regulations
- Treas. Reg. §Treas. Reg. §20.2015-1 Credit for death taxes on remainders
- Treas. Reg. §Treas. Reg. §20.2015-1(a) §20.2015-1(a)
- Treas. Reg. §Treas. Reg. §20.2015-1(b) In applying the rule stated in paragraph (a) of this section, credit for State death taxes or foreign death taxes paid within the time provided in sections 2011 and 2014 is applied first to the portion of the Federal estate tax payment of which is not postponed, and any excess is applied to the balance of the Federal estate tax.
- Treas. Reg. §Treas. Reg. §20.2015-1(c) §20.2015-1(c)
4 Citing Cases
Villas at Parkside Partners v. City of Farmers Branch
Peaje Investments LLC v. PR Highways and Transportation
Peaje Invs. LLC v. Fin. Oversight & Mgmt. Bd. for P.R. (In re Fin. Oversight & Mgmt. Bd. for P.R.)